WAEC - Commerce (2010 - No. 26)

In which of the following are members entitled to one vote, irrespective of the number of shares held?

Public corporation

Partnership

Limited company

Co-operative society

Explanation

Equal Voting Rights; A cooperative society is based on the principle of “one man one vote”. A member has only one vote irrespective of the number of shares hld or capital contribution.

WAEC - Commerce (2010 - No. 26)

Explanation

Comments (0)